Skip to content
Nonprofiteer
← ISLAND HERITAGE TRUST INC

Form 990 for tax year 2023

Filed by ISLAND HERITAGE TRUST INC.

Totals

Total revenue
$1,157,212
Total expenses
$631,618
Contributions and grants received
$1,061,659
Grants paid
$50,000
Program service revenue
$9,175
Investment income
$74,219
Other revenue
$12,159
Total assets, end of year
$2,548,266
Total liabilities, end of year
$39,671
Net assets or fund balances, end of year
$2,508,595
Program services expenses (Part IX)
$434,482
Management and general expenses
$103,185
Fundraising expenses
$93,951
Program service expenses (Part III)
$434,482

Program services were 68.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $33,364

  • 1f · All other contributions, gifts and grants

    $1,028,295

  • 1g · Noncash contributions included above

    $23,727

  • 2a · Program service revenue: WINGS, WAVES, AND WOODS PRGM

    total $7,975 · related or exempt $7,975

  • 2b · Program service revenue: OTHER PROGRAMS

    total $1,200 · related or exempt $1,200

  • 3 · Investment income

    total $50,218 · excluded $50,218

  • 7a · Gross sales of assets other than inventory

    securities $61,051

  • 7b · Less cost or other basis and sales expenses

    securities $37,050

  • 7c · Gain or loss

    securities $24,001

  • 7d · Net gain or loss

    total $24,001 · excluded $24,001

  • 8a · Fundraising events: gross income

    $23,117

  • 8a · Fundraising events: contributions included on line 1c

    $33,364

  • 8b · Fundraising events: direct expenses

    $11,288

  • 8c · Net income from fundraising events

    total $11,829 · excluded $11,829

  • 10a · Gross sales of inventory

    $682

  • 10b · Cost of goods sold

    $1,947

  • 10c · Net income from sales of inventory

    total -$1,265 · related or exempt -$1,265

  • 11a · Other revenue: MISCELLANEOUS

    total $1,595 · excluded $1,595

  • 11e · Other revenue, total

    $1,595

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,000 · program services $50,000

  • 5 · Compensation of officers, directors and key employees

    total $92,618 · program services $32,416 · management and general $32,416 · fundraising $27,786

  • 7 · Other salaries and wages

    total $211,712 · program services $160,460 · management and general $19,872 · fundraising $31,380

  • 8 · Pension plan contributions

    total $9,600 · program services $6,962 · management and general $1,050 · fundraising $1,588

  • 9 · Other employee benefits

    total $41,847 · program services $24,276 · management and general $9,113 · fundraising $8,458

  • 10 · Payroll taxes

    total $24,482 · program services $15,812 · management and general $4,020 · fundraising $4,650

  • 11c · Fees: accounting

    total $6,200 · management and general $6,200

  • 11g · Fees: other

    total $17,926 · program services $662 · management and general $14,341 · fundraising $2,923

  • 13 · Office expenses

    total $9,539 · program services $3,512 · management and general $3,512 · fundraising $2,515

  • 16 · Occupancy

    total $19,528 · program services $14,645 · management and general $3,908 · fundraising $975

  • 17 · Travel

    total $1,189 · management and general $1,189

  • 22 · Depreciation, depletion and amortization

    total $14,443 · program services $12,668 · management and general $1,420 · fundraising $355

  • 23 · Insurance

    total $1,925 · program services $1,925

  • 24a · Other expenses: STEWARDSHIP COSTS

    total $70,647 · program services $70,647

  • 24b · Other expenses: OTHER PROGRAM EXPS

    total $20,627 · program services $20,627

  • 24c · Other expenses: PUBLIC RELS/COMMUNICATION

    total $17,871 · program services $12,467 · management and general $1,030 · fundraising $4,374

  • 24d · Other expenses: DEVELOPMENT

    total $6,534 · fundraising $6,534

  • 24e · All other expenses

    total $14,930 · program services $7,403 · management and general $5,114 · fundraising $2,413

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $150,660 · end of year $345,717

  • 3 · Pledges and grants receivable

    beginning of year $306,562 · end of year $10,000

  • 8 · Inventories for sale or use

    beginning of year $4,870 · end of year $4,325

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,894 · end of year $16,466

  • 10a · Land, buildings and equipment: cost or other basis

    $348,236

  • 10b · Land, buildings and equipment: accumulated depreciation

    $136,390

  • 10c · Land, buildings and equipment, net

    beginning of year $224,770 · end of year $211,846

  • 11 · Investments: publicly traded securities

    beginning of year $1,059,195 · end of year $1,896,198

  • 15 · Other assets

    beginning of year $65,635 · end of year $63,714

  • 17 · Accounts payable and accrued expenses

    beginning of year $37,539 · end of year $32,391

  • 25 · Other liabilities

    beginning of year $9,201 · end of year $7,280

  • 27 · Net assets without donor restrictions

    beginning of year $693,771 · end of year $872,350

  • 28 · Net assets with donor restrictions

    beginning of year $1,077,075 · end of year $1,636,245

Mission and programs · 2023

Mission

CONTRIBUTING TO THE WELL-BEING OF THE ISLAND COMMUNITY BY CONSERVING ITS DISTINCTIVE LANDSCAPES AND NATURAL RESOURCES, MAINTAINING PUBLIC ACCESS TO VALUED TRAILS, SHORELINE AND ISLANDS, AND BY PROVIDING EDUCATIONAL PROGRAMMING FOR ALL AGES.

  • PROMOTED THE VALUE OF LAND CONSERVATION, ENVIRONMENTAL EDUCATION, ENVIRONMENTAL PROTECTION, SIGNIFICANT OPEN SPACE, SCENIC AREAS, WILDLIFE HABITAT, NATURAL RESOURCES, AND HISTORIC AND CULTURAL FEATURES THAT OFFER PUBLIC BENEFIT TO THE RESIDENTS AND VISITORS TO DEER ISLE, MAINE. A TOTAL OF 1,500 ACRES AND 22.5 MILES OF SHORELINE HAVE BEEN PROTECTED TO DATE. 75 VOLUNTEERS ENGAGED OUR WORK,INCLUDING TRAIL BUILDING AND MAINTENANCE, AND PARTICIPATING IN OVER 30 VARIED-TOPIC, VIRTUAL, PUBLIC EDUCATION PROGRAMS FOR ALL AGES. APPROXIMATELY 500 LOCAL SCHOOL STUDENTS BENEFIT FROM WORKING WITH OUR ENVIRONMENTAL EDUCATOR, THE SCHOOL NATURE TRAIL, AND TAKING FIELD TRIPS TO OUR PRESERVES EACH YEAR.

    Expenses $434,482 · Grants $50,000 · Revenue $9,175

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • William Wiegmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Mickie Flores

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Karen Hill

    TREASURER-TH

    Total calculated
    $0
    Hours/week
    2

  • Douglas Wilson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Elke Dorr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Julia Zell

    EXECUTIVE DI

    Total calculated
    $86,944
    From this org
    $74,546
    From related orgs
    $0
    Other
    $12,398
    Hours/week
    40

  • Dave Bayley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Anna Goff

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Catherine Washburn

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Rod Greenwood

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Lynn Rockwood

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michele Janin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Valerie Duncan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
5 May 2025
IRS schema version
2023v6.0
Source object
202521429349301457

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.